Kames Capital hires high yield head

Kames Capital has appointed David Ennett as head of high yield, while Phil Milburn has returned as head of fixed income investment strategy. Ennett will report to Kames’ head of fixed income David Roberts, who ran the high yield portfolios on an interim basis in Milburn’s absence. In September last year co-manager Claire McGuckin ran the firm’s £1.4 billion (€1.81 billion) High Yield Bond and £315 million Global High Yield Bond funds in Milburn’s absence. McGuckin subsequently left the firm seeking other opportunities. Previously, at Standard Life Investments, Ennett was head of European high yield, and manager of the firm’s Higher Income and European High Yield funds. Prior to joining the firm in 2010, he spent two years as deputy manager of Old Mutual Asset Management’s Dynamic Bond Fund. Kames has made a number of high profile hires this year. Earlier this month, the firm bolstered its offering to European investors with two appointments, including Robin Black, an Asian equities specialist from Macquarie Group. Kames Capital managed assets of £57.8 billion (€73 billion) worldwide, as of June 30, 2016. ©2016 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.